HP saves $1 billion in three-year IT revamp

IT vendors are historically inefficient users of IT gear, and it is not hard to imagine why. After all, they are able to get a fair chunk of their hardware at cost from within their own organization. Still, in these tough economic times, it appears that HP has managed to pull a coup by removing a staggering $1 billion in cost off its ledger as it concludes a three-year revamp of its IT operations. Read more…